cBot
Grid
RSI
NZDUSD
XAUUSD
Martingale
Forex
EURUSD
GBPUSD
USDJPY
Scalping
DragonRSIcBotDemo
"DragonRSIcBotDemo" logo
25/09/2025
31
Desktop, Mobile, Web
"DragonRSIcBotDemo" uploaded image"DragonRSIcBotDemo" uploaded image

DragonRSIcBot automates a simple RSI entry with a controlled martingale/grid recovery:

Real Account Bot at https://ctrader.com/products/1712

  • Entry logic (RSI):
    When there are no open grid positions, the bot checks the RSI. If RSI falls below OversoldLevel, it opens a Buy; if RSI rises above OverboughtLevel, it opens a Sell. RSI period and source are configurable.
  • Grid / martingale expansion:
    If a basket is open, the bot measures the adverse move from the last grid position. When price moves at least Step (pips) against that last entry, it adds another position in the same direction. Position sizing follows an exponential lot multiplier:
    lots = Quantity * (LotMultiplier)^(number_of_existing_positions)
    and is capped by Max Lots.
  • Basket exit:
    The entire basket closes once the sum of net P/L across all grid positions reaches Target Profit (in account currency).
  • Risk controls:
    • Max Spred: blocks new entries if current spread exceeds the limit.
    • Stop Equity: if account equity drops below this level, the bot closes all positions and stops.
    • Insufficient funds: if a new order fails with NoMoney, the bot stops adding to the grid.
  • Parameters (key):
    • Volume: Quantity (Lots)
    • RSI: Source, Periods, Overbought Level, Oversold Level
    • Martingale/Grid: Use Martingale (on/off), Step (pips), Target Profit, Lot Multiplier
    • Risk: Stop Equity, Max Lots, Max Spred
    • Misc: Label (used to group positions)
  • Implementation notes:
    • Positions are labeled and filtered by symbol + label to manage the basket cleanly.
    • Distance to trigger the next grid leg is computed in pips from the last position’s entry price to current Bid/Ask (direction-aware).
    • All basket operations use total NetProfit aggregation.
  • Usage tips & cautions:
    • Martingale and grids can incur rapid drawdowns—set Stop Equity, Max Lots, and Step (pips) conservatively and test on a demo first.
    • Choose RSI levels that fit the symbol and timeframe; common starts are 30/70 with 14 periods.
    • Keep Max Spred tight on volatile or exotic symbols to avoid poor fills.
    • The Label lets you run multiple instances on different symbols or settings without interference.

Disclaimer: Grid/martingale strategies carry substantial risk. Use at your own discretion and always validate settings on historical data and in demo before going live.

More from this author
cBot
NAS100
NZDUSD
Breakout
+7
DragonNewsBot
This is a fully automated news-driven trading robo
cBot
Grid
XAUUSD
Martingale
+1
DragonGoldEAProNet6
Dragon GOLD EA, uses trade gold with good profit, minimum balance is 3000$ with lot 0.01, on M5 bar with gold pair
cBot
BTCUSD
Crypto
Scalping
BTCScalpingNet6Demo
Demo version of https://ctrader.com/products/318
cBot
Grid
NAS100
NZDUSD
+8
DragonScalpingProV2
Scalping bot with profit  400% per year
cBot
Grid
NAS100
NZDUSD
+8
DragonScalpingProV2Demo
The demo version of Scalping bot https://ctrader.com/products/257
cBot
Grid
RSI
Martingale
+4
DragonMoneyForexNet6
This production version of Dragon Money Forex Pro
cBot
Martingale
Forex
EURUSD
+2
FibonacciScalperNet6Demo
This Version only supports Demo accounts or Backtest Please Download the pro version at https://ctrader.com/products/312
cBot
Grid
XAUUSD
Martingale
+1
DragonXAU2V2
GOLD Trade Free Demo at https://ctrader.com/products/1729
cBot
Grid
XAUUSD
Commodities
+2
DragonGoldEAProNet6Demo
Demo version of https://ctrader.com/products/315
cBot
Grid
XAUUSD
Commodities
DragonGoldEAPro_SELLNet6
Dragon GOLD EA uses trade gold with good profit, the minimum balance is 3000$ with lot size 0.01, SELL
cBot
Grid
RSI
Martingale
+2
DragonMoneyForexNet6Demo
Demo version of https://ctrader.com/products/298
cBot
Grid
Martingale
EURUSD
+2
FibonacciScalperNet6
Free Demo Version here https://ctrader.com/products/313
cBot
XAUUSD
Commodities
DragnGoldEAPro_SELLNet6Demo
Dragon GOLD EA uses trade gold with good profit, the minimum balance is 3000$ with lot size 0.01, SELL on demo account.
cBot
Grid
Martingale
BTCUSD
+1
BTCScalpingNet6
BTC m1 H1 Scalping
Indicator
NAS100
NZDUSD
RSI
+12
TrendFibonacci
The TrendFibonacci indicator is a powerful tool for traders, combining Fibonacci retracement levels
cBot
Grid
NAS100
NZDUSD
+13
DragonGridCbot
cTrader cBot that implements a grid trading strategy, free demo account at https://ctrader.com/products/1656
cBot
Grid
XAUUSD
Commodities
+3
DragonXAU2V2Demo
GOLD trade Real Accout at https://ctrader.com/products/1728
cBot
Grid
XAUUSD
Martingale
+5
TrendFibonacciBot
It uses Fibonacci levels and a moving average to detect market trends and automatically open Buy or Sell trades
You may also like
AUTOTRADE BOT
Incorpora, EMA, RSI y ATR para detectar tendencias sólidas y ejecutar entradas precisas
cBot
BTCUSD
Crypto
Scalping
BTCScalpingNet6Demo
Demo version of https://ctrader.com/products/318
cBot
Indices
Prop
Commodities
+3
Lot Sizer Pro
Lot Sizer Pro Risk Management Tool with Draggable Lines
cBot
XAUUSD
Forex
Scalping
Djai_tma_noSourceCode
Trading Automatisé Performant TMA STRAT est un robot de trading pour vous facilite votre vie de trader
cBot
NAS100
XAUUSD
Commodities
+8
Ai Forex Driven Lite
AI Forex Lite · 14 Symbols · $50 Profit Cap Auto-trade NAS100, Gold, EURUSD, BTC and more with low risk. Smart limits.
cBot
Forex
Signal
GBPUSD
Emperor free trial
Presenting Emperor cbot - the revolutionary cbot that’s reshaping the way you approach, trading GBPUSD pair
cBot
NZDUSD
AUD NZD 2min TF trades
// AUD/NZD - 2MIN TIMEFRAME // 5 YEARS BACKTEST, PROFIT 1500 USD, DRAWDOWN ABOUT 50 USD (RISKY TRADES - NO SL)
Quantum Martingale
AI-powered martingale trading bot with smart risk control and dynamic position scaling.
USH-GOLD
Perfectly optimized to trade XAUUSD. Win rate of about 85 to 90%.
EU 4H MACD vol.2
// EUR/USD 4H TIMEFRAME // 5 YEARS BACKTEST, PROFIT 330 USD, MAX DRAWDOWN 50 USD
cBot
Signal
Bollinger
HeikinAshi and Bollinger Bands
This cBot uses a combination of Heikin Ashi and Bollinger Bands strategies.
cBot
Prop
Forex
Signal
+2
QuantumGuard (Backtesting only)
Free Edition - EUR/USD M15 - More than 1000% profit per year
cBot
Forex
DMG Plus -Gold-cryptoMiner Pro Day 15 TRIAL
DMG Plus Gold-Crypto Miner Pro Day 15 Tria l Hybrid Bot for Gold & Crypto Trading
Alligator Strategy + Advanced Take Profit Demo
This strategy is based on the Alligator indicator and has 4 levels of Take Profit.
cBot
Grid
Martingale
Forex
TRAILING STOP DEMO
Strategia di trading algoritmico avanzata esclusiva per ambienti DEMO
cBot
USDJPY
777 - Propfirm PASS Low Risk - adjustable cBOT Enc DEMO
USD/JPY Specialist
Trade Assistant Fx
Advanced forex trade panel for risk, margin, swaps, and trade control with precision tools.
cBot
USDJPY
777 - INTERMEDIATE - Adjustable risk cBOT Enc DEMO
USD/JPY Specialist cBOT